Quote from @Andrew Thomas:
Quote from @Dustin Tucker:
@Andrew Thomas
Sorry you I was shift my focus from purchasing my personal residence to purchasing my first investment property as a realtor you should have access to a program called realist you can easily go in there and search for out-of-state or out of County owners one of the best ways to Market is handwritten envelopes it is almost a guaranteed open versus any other kind of marketing realist has so much information how long people have owned the property with their mortgages Etc I would also try to find as many wholesalers as possible and sign up for their list and look at how they are packaging their properties you will need to go and join some investment clubs a national Club you could potentially join is called Lifestyles Unlimited I'm sure the information they teach is also available on Bigger Pockets at the end of the day if you have a great deal you will always be able to find an investor for it
Thank you for the response! Is there any way you could make the first part more clear? And also make it more clear why I would be looking on realist for how long people have had mortgages?
Sorry, Unfortunately Voice to Text didn't work.
First Point, is as a society we look at home ownership the wrong way, a personal residence is a liability vs buying investment property which is an asset. The difference between the 2 is a liability costs you money each month vs an asset makes you money each month.
2nd Point, As a realtory, you goal should be to be a listing agent, I don't think you have a had the chance to host an open house and try to attract clients as a realtor, you should at least try it a couple times, but at the end of the day hosting an open house to find clients is not the tool it used to be. So back to the point, as a realtor, you want to be a "Seller's Agent", your question is how do you do this? First I have to ask a simple question, which is who is more likely to sell their house, a person living in their primary residence or a person not living in their primary residence? The answer is fairly obvious, and that is the person who is not living in their primary residence. So now that you understand what type of owner you are looking for you can go to realist and use the Non-Owner Occupied search feature, and find unlimited leads for marketing.
Third, How to Market.
I would use one or a combination of these 3.
1. Hand Addressed Envelopes to your lead list, create a flyer about either listing their house, or even purchasing their property, the Hand Addressed envelope guarantees that your message will get read.
2. Skip Tracing, you can use Whitepages.com or any number of other sites to look up the owner's info and you can call them on the phone.
3. If the owner lives in town, you could even go knock on their door, I find this to be extremely successful when you are going after foreclosed properties.
As to your 1st post, you might want to look at city data for growing markets, It looks like Rochester lost population last year, vs if you look at sunbelt cities like, Houston, DFW, Austin, Miami, Orlando, Tampa, these cities saw at a minimum 1% population increase.
